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Understanding the Growth Slowdown Brink Lindsey Editor

by Brink Lindsey

2021-04-03 18:38:05

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Companies and industries rise and fall…fortunes are made and lost…jobs are created and destroyed by the millions. These are the headline-grabbing dramas of modern economic life. But, residing beneath the booms and busts is a more deeply c... Read more
Companies and industries rise and fall…fortunes are made and lost…jobs are created and destroyed by the millions. These are the headline-grabbing dramas of modern economic life. But, residing beneath the booms and busts is a more deeply consequential drama: the long-term growth of real gross domestic product (GDP). Often only apparent years after happening, shifts in long term growth rates are as momentous as they are subtle. This new ebook examines the gathering evidence, in the wake of the great recession of 2008, that we are in the midst of one of these profound shifts. The disappointing performance of the U.S. economy in recent years—the slowest post recession expansion since World War II—may not be just a temporary setback after a severe downturn. It could be the “new normal.” Less

Book Details

Print pages192
PublisherCato Institute
Publication date December 10, 2015
ISBN9781939709783
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Brink Lindsey
Author
Brink Lindsey is Vice Policy President and Director of the Open Society Project at the Niskanen Center. He is the author of, most recently, The Age of Abundance and Human Capitalism.Steven M. Teles is...

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